Why There Is No Fiscal Cliff Dealhttp://www.businessinsider.com/why-there-isnt-a-fiscal-cliff-deal-2012-12/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Tue, 26 Sep 2017 18:27:40 -0400Joe Weisenthalhttp://www.businessinsider.com/c/50bc5ce469bedd9767000004tMon, 03 Dec 2012 03:03:48 -0500http://www.businessinsider.com/c/50bc5ce469bedd9767000004
absolutely right!!http://www.businessinsider.com/c/50bc3bbb6bb3f73341000004artful dodgerMon, 03 Dec 2012 00:42:19 -0500http://www.businessinsider.com/c/50bc3bbb6bb3f73341000004
"This is it? This is our great nation? A nation where people fake, politicians fake?"
I don't know where you've been for the last 236 years, but our great nation has always been like that. "All men are created equal", almost every treaty made with the native Indians, countless claims of support for democratic movements over dictatorships around the world... all lovingly packed with lies. But we can still hope for the best. The lies and fakery persist because people don't act.http://www.businessinsider.com/c/50bc39b569bedd461a00000aMarcio BalesMon, 03 Dec 2012 00:33:41 -0500http://www.businessinsider.com/c/50bc39b569bedd461a00000a
hahaha o mapa nao vai funcionarhttp://www.businessinsider.com/c/50bc2f7cecad04334b000003carismarSun, 02 Dec 2012 23:50:04 -0500http://www.businessinsider.com/c/50bc2f7cecad04334b000003
Meanwhile the deficit continues to skyrocket and US descends to Third World status.http://www.businessinsider.com/c/50bc0b75eab8ea702d000005get over itSun, 02 Dec 2012 21:16:21 -0500http://www.businessinsider.com/c/50bc0b75eab8ea702d000005
your boy lost. man up and deal with it, and support your president for the next four years.
don't worry, you get to try again in 2016. if your party hasn't completely and totally collapsed unto itself by then.http://www.businessinsider.com/c/50bc0ae6eab8eadc2d000006JensenAlphaMaleSun, 02 Dec 2012 21:13:58 -0500http://www.businessinsider.com/c/50bc0ae6eab8eadc2d000006
Debt Ceiling got hit this week. Internal cash will last till Febuary. Debt ceiling gambling could still happen.http://www.businessinsider.com/c/50bbffa46bb3f7ef56000004Charlie M.Sun, 02 Dec 2012 20:25:56 -0500http://www.businessinsider.com/c/50bbffa46bb3f7ef56000004
We went over the Fiscal Cliff when Obama won a second term.http://www.businessinsider.com/c/50bbfa5aecad042c6000000dBob123Sun, 02 Dec 2012 20:03:22 -0500http://www.businessinsider.com/c/50bbfa5aecad042c6000000d
I really laughed my ass out. But then I started to weep.
This is it? This is our great nation? A nation where people fake, politicians fake?
Look at them. They all know the outcome. They are all responsible. They are all serious. But then they just play along the game. Not that they want to. But just that they are forced to, they must. Very importantly, it's the system, not anyone one of them. We are all good people, NOT a single one is bad. It is just that the system is bad.
We the people pretend we are outraged and then proceed with out dances with the stars, iPhone/iPad, Facebook, Tweeter and Texting, football (hey, never forget the college football). We vote these crook into office, then blame our failures on these politicians. We do it in the next election.
We are a nation of good and responsible people, you know. We will never spend beyond our means unless we are in a tough time as it is now. It is just evil not to do this when so many people are suffering.
Then we have bloggers like the current author, all well educated, all understand economics, monetary policy and politics, all with good intention and all are patriotic. They are here to educate the public that all these are just a show. At the end, all are well. We pretend we are serious; we pretend we will cut, then we will delay it just for another year. We will come back to fix them all. So go on with your lives, especially never forget to spend, because economic crisis has just ended (a la Hatzius and Weisenthal). Besides, welfare such as extended unemployment benefits will be extended (again, happily by O, too chicken to oppose by the Republicans; payroll tax cut will be extended again, again, more spending by the Dems and more tax cut by the Rep).
All are good.http://www.businessinsider.com/c/50bbfa34eab8eab602000013PapaSwampSun, 02 Dec 2012 20:02:44 -0500http://www.businessinsider.com/c/50bbfa34eab8eab602000013
There will be increased pain, but no improvement in the underlying problem this country faces...an ever degrading jobs market with a smaller percentage of the population with living wage jobs. This is the main problem. Not solving it makes everything else useless.http://www.businessinsider.com/c/50bbf97beab8ea1f7f00001bPapaSwampSun, 02 Dec 2012 19:59:39 -0500http://www.businessinsider.com/c/50bbf97beab8ea1f7f00001b
A deal will be done...but ultimately it will add up to zero change....just things moved around to appease special interests. The average person will be just as screwed as before.http://www.businessinsider.com/c/50bbeddc69bedd406700000bDoofusSun, 02 Dec 2012 19:10:04 -0500http://www.businessinsider.com/c/50bbeddc69bedd406700000b
50 Million foodstamps and 20 trillion dollars of bailouts say you never left recession...sillyhttp://www.businessinsider.com/c/50bbed4569beddb469000003Buster GreenbackSun, 02 Dec 2012 19:07:33 -0500http://www.businessinsider.com/c/50bbed4569beddb469000003
What's to talk about?, America needs to print another few TRILLION dollars to pay the bills for another year...well, pay to pay the interest on the bill.
The man from Delmonte will say YES !http://www.businessinsider.com/c/50bbebc56bb3f72a3300000emickmcgooSun, 02 Dec 2012 19:01:09 -0500http://www.businessinsider.com/c/50bbebc56bb3f72a3300000e
Brinksmanship; The 2 sides are in no hurry to chase away the news teams and reporters clamoring to interview them about their plans to resolve this. All this media exposure is great if you're a politician. You can bet it will go on for at least a couple more weeks.http://www.businessinsider.com/c/50bbeb45ecad04d44a000002I've Been BernankedSun, 02 Dec 2012 18:59:01 -0500http://www.businessinsider.com/c/50bbeb45ecad04d44a000002
I agree to some degree but the so-called cliff is the wrong tool for the right job. Bowles-Simpson for all of its warts is a way better road map yet we hardly hear about it.http://www.businessinsider.com/c/50bbea32eab8eaa461000014mt kellerSun, 02 Dec 2012 18:54:26 -0500http://www.businessinsider.com/c/50bbea32eab8eaa461000014
"Was there ever a people whose leaders were as truly their enemies as this one?"
-Ernest Hemingway, For Whom the Bell Tolls
"How did you go bankrupt?"
"Two ways. Gradually, then suddenly."
– Ernest Hemingway, The Sun Also Riseshttp://www.businessinsider.com/c/50bbe59d69beddfe50000015no need to panic anywaySun, 02 Dec 2012 18:34:53 -0500http://www.businessinsider.com/c/50bbe59d69beddfe50000015
Jumping off isn't really all that bad in the end. Yeah, we go back into recession for a bit and many at the bottom will be hurt by losing a few % of their income. But it will give folks a taste of austerity and sharing the pain. Meanwhile, the budget deficit will collapse and defense spending will get hit. Neither all that bad IMO.